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04-09-2015, 10:30 AM #24
Loans over One Million Dollars
We have done many MCA products(split,daily,hybrid) for people over a million several times over. It's the way you approach them is key. Product knowledge is key for them to understand. Plus a guy that does a million or more appreciates it more when you meet them face to face- i have flown to many different states to getting a deal done. . Example: When we funded $3mm to a manufactured back car dealership via his C.C. sales of holding back 98% on a direct split it was only 2% of his over all gross on a yearly basis. The guy at first was of course hesitant but once explained to him- he understood it; an now is a repeat customer!! The dealership is now number 1 in its area!! So it's how you present yourself and how you do it is important.
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